Senegal’s dollar bonds fell after the IMF indicated that talks for a new lending program could be delayed. This follows an audit revealing that the previous administration significantly understated the country’s debt and fiscal deficit. The IMF had suspended Senegal’s USD 1.8 bln program in October, and new discussions won’t start until the previous administration’s financial misstatements are assessed. Public debt in 2023 reached nearly 100% of GDP, while the fiscal deficit was 12.3% of GDP, well above previous reports.